Question

Find the compound interest on rs5000 for one yr at 4% per annum compounded half yearly

Answer 1

Hey friend,

Here is your answer :-

$a = p(1 + \frac{r}{100} )^{t} \\ \\ 5000(1 + \frac{2}{100} )^{2} \\ \\ 5000(1 + \frac{1}{50} )^{2} \\ \\ 5000( \frac{51}{50} )^{2} \\ \\ 5000 \times \frac{51}{50} \times \frac{51}{50} = 5202 \\ \\ a = 5202$

Here, Amount = 5202

Now, C. I. = Amount - Principal

$5202 - 5000 = 202$

Hence, the C. I. is ₹202

I hope this will help you....

Answer 2

Hey!! Friend !!!

Here's Your Solution!!!!

Given,   P=5000 , R = 4% × 1/2  T = 1 ×2 yrs compounded half yearly

When Compounded Half Yearly  The Time is doubled and the rate is half

Formula used =  P(1+R/100)^T  

= 5000(1+4/100)^2

=5000(26/25)^2

=5000 (676/625)

=5000 × 676/625

=8 × 676

=5408    (Answer)

Please mark as brainliest!!!!!

Hope it helped you  !!!!!